East Anglia will soon have its own crowdfunding platform which will allow start-ups, growing and established businesses to raise funds. Blossom Zone will be the first crowdfunding platform to be dedicated to entrepreneurs in the Norfolk, Cambridgeshire, Lincolnshire and Suffolk region.
The businesses raising money will have to be headquartered or have a significant presence in the East Anglia area.
Edwin Bailey, founder of Blossom Zone, said: “Crowdfunding as a model is set to grow and become an established method to raise money. The sector is young, new opportunities are constantly emerging and a local presence will allow us to create a community of growth businesses and investors.”
It is expected that companies using the platform to raise funds will reflect the strength of the regional economy. There may be an emphasis on tourism and rural businesses including agriculture and its associated technologies.
“Many innovative and technology businesses are attracted to crowdfunding as they often find it difficult to obtain bank financing due to lack of assets against which to secure loans,” Blossom Zone will offer entrepreneurs another avenue to raise vital funds for the next stage of their business growth,” commented Mr Bailey.
The web platform BlossomZone.co.uk is in the final stages of testing and will be ready to launch soon.
Blossom Zone is East Anglia’s very own crowdfunding platform. Designed for small and medium businesses to raise reward finance Blossom Zone aims to help entrepreneurs and companies fulfil their potential.
More information at www.blossomzone.co.uk or call 01603 554 029